On average, 60 percent of the price European drivers pay at the pump goes to their governments in taxes.In Britain, the government takes 75 percent, and raises taxes by 5 percent above inflation every year....<snippage> On August 8, for example, the price of gas in the US, without taxes, would be $2.17, instead of $2.56; in Britain, it would be $1.97, instead of $6.06.
"There is really good evidence that higher prices reduce traffic," says Stephen Glaister, a professor of transportation at London's Imperial College......<snippage>It does change people's behavior."
The US authorities, however, "are unwilling to use resource price as part of their strategy" to conserve oil, says Lee Schipper, head of transportation research at the Washington-based World Resources Institute, an environmental think tank.